OWATONNA, MN and WASHINGTON, U.K. – Wenger Corporation is acquiring J.R. Clancy, and Penn-Elcom is acquiring CLD Distribution. The acquiring companies in both cases are keeping the leadership and brands of the companies they are acquiring intact. Rigging company J.R. Clancy will still be based in Syracuse, NY, led by Bob Theis and Mike Murphy. CLD Distribution will be integrated within Penn Elcom, but will continue with its own operation, identity and trading contacts under the Penn Elcom umbrella, with founder Nigel Howes and Sandra Connolly still on board. For more information, click the links below.
Wenger Corporation Acquires J.R. Clancy
http://fohonline.com/index.php?option=com_content&task=view&id=5531
Penn-Elcom Acquires CLD Distribution
http://fohonline.com/index.php?option=com_content&task=view&id=5522
